GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
It was obvious in the interview that their previous contract leads have sent them packing because they haven't got a platform.
They have that platform now (with the acquisition), so hopefully contracts will start to come in soon, probably by end of the month.
There you go.
Sorry can't post hyperlink blocking. Go to Pro active site.
Reso - It closed down on a little manipulation and no news. It's also the summer so liquidity is never sparkingly and unproven stocks sometimes get a battering.
I think we could see an uplift off the back of the scheduled PR and the rumblings of a large contract before the end of the month.
It feels like someone is taking advantage of the confusion around that RNS. This will be mid-0.25/0.3 by the start of next week.
The way I see it, is they need some transparency around Share Holder lIst, Options, Director Holdings etc.
Also, they need to get their IR function up and running as soon as possible.
It does feel that the new hire/acquisition was done to service a particular client (eSports perhaps?)
So suggest we may get some news soon now the bad stuff is out the way.
There will be Proactive and Vox interviews in the next few hours. So would suggest this could be a good buying level.
People are misunderstanding the RNS I think. They need to concentrate on the interest bearing aspect of these transferable loans. In short they are company bonds not issuance.
'In return for the draw-down of each Tranche, the Company will issue notes ("Notes") to the Investor which will attract interest at the rate of 5% per annum and each Note will have a duration of 12 months from the date of its issue. The Notes can be freely transferred but will not be listed on any financial market.'
Thing is , it hasn't really started. Problem is, no one has a clue when the 'hard launch' is due. I'd also like to see (as would everyone else)
1) Share Holders List (with Directors holding, options, debt etc) posted on the website
2) See an IR number and email address (must take all of 5 mins to set this up)
3) See some tweeting activity and buzz
4) Create a website that 'Defies Convention' and not something that looks like your kid sister knocked up on the GoDaddy portal.
Anyone of the above would get the SP moving north again. So you have to ask, why aren't they even do the quick simple and easy things because without them there is just suspicion and conspiracy theories.
ahem, a tie-up with Power Africa
Very different business. This cannot be compared with O&G or Pharma stocks.
This is a business services company. Contracts typically take 3-4 weeks to land/signed, mainly around the £1m mark and are not dependent on some binary outcome event.
EQT was/is a niche technology which involved PoCs, policy change along with many other things around project funding etc. Almost chalk and cheese as a comparison.
The big mystery here is how after stating they have clients queuing up, have the gone for so long without signing a contract. It's quite clear now we will never know the name of the '£1m' mystery client, which has not helped the vailidy and perception of the company to be honest.
This time last year Danny Swick was stating numbers like 50p 'in the next year'. Ramp n' Raise.
Just ask yourself. If they know there is no news coming for at least 2-3 months, then why are they not buying-in?
a lot of buzz about GX news this week now.
SP now lower than pre-JDA. Clearly being dropped by those in the know. Watch for the buy sign in the next few hours.
Pom - There is no significance. Their previous auditors were based in Manchester by the old business , the new ones in London by Iconic. That's pretty much it. WDC is finished so it was a natural and logical time for a change. It also gives the new auditors a chance to run their eyes over the previous accounts to ensure that nothing has been ahem 'missed'. Chances are there maybe some issues with 'other legacy personnel and/or sites' that still needs tackling. That said, there is a point which they should be able to have the entire thing consigned to a filing cabinet that get's looked at once a month.
There is no implicit indicator in this act that states that the legacy problems have been fully sorted to the point that it is impinging on their capacity to run the new company.
Maybe it's time you sold your £1500 holding and moved on.
Catherham - Who said anything about main market? So not wrong.
The fall-out criteria changes with each index.
Mike29 - The higher indexes require a higher MCAP bar, so it's not something they can do next week.
FTSE Small Cap or FTSE 350 would be a consideration but it's down to their weighting etc.
If the even made comment now that this would be their goal then I think it would give people hope that they are getting out of this penny arcade and are looking to be a proper grown up company.
Regardless of hurdles this is nowhere near it's market or even speculative market value.
This should now be within the 15-20p range if the laws of market dynamics permit.
Pretty sure we could all name some trash that is trading at considerable higher levels but without any of the potential of NCCL.
I'm not giving the MMs easy excuses like 'tariffs' , that just plays into their hands.
sgreen - Herein lies the problem. Certain successful companies like NCCL are now not suited to AIM and will never realise their full potential whilst on the index. There simply insist the liquidity in the market (especially during the low summer months) to enable good companies to push they need. Also, many funds and IIs are not permitted (due to their own internal rules) to invest in AIM stocks.
Best thing the BoD could do now is announce they are applying to move to another index.
They'll keep going as long as bored uninformed idiots keep selling and unfortunately there is no greater day for the bored and the feckless to need money than a Friday.
Folks - the problem with AIM is that the liquidity is not there. The liquidity is chased around the index by the rainbow chasers and the 10%ers . It's no longer an investment index.